Asian Shares Mostly Lower

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

HONG KONG--Japanese stocks fell Friday as investors digested domestic inflation data after the latest Russia-Ukraine tensions pushed the U.S. market lower overnight. The Nikkei Stock Average, which has rallied since May, was down 0.4%, as data showed Japanese prices rising ...

U.S. Banks Boosted Lending in 2nd Quarter

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

WASHINGTON--U.S. banks, facing a revenue decline and other headwinds, boosted lending in the second quarter at a pace unseen since the financial crisis, according to a government report. The Federal Deposit Insurance Corp. said banks' loan and lease balances rose ...

U.K. Consumer Confidence Builds as Economy Grows

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

LONDON--Consumer confidence edged up in the U.K. in August, driven by the fast improvement of the economy during the last year, research firm GfK said Friday. GfK's consumer confidence index increased to +1 in August from -2 in July, as ...

Ukraine Accuses Russia of Invasion -- Update

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Gregory L. White in Moscow and Colleen McCain Nelson in Washington Kiev and its Western backers accused Moscow of sending Russian troops and armor to fight alongside rebels in eastern Ukraine, dimming hopes for a diplomatic solution to the ...

UK Consumer Confidence Builds as Economy Grows - GfK

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Jon Sindreu LONDON--Consumer confidence edged up in the U.K. in August, driven by the fast improvement of the economy during the last year, research firm GfK said Friday. GfK's consumer confidence index increased to +1 in August from -2 ...

U.S. Banks Boosted Lending in Second Quarter, FDIC Says

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

By Ryan Tracy WASHINGTON--U.S. banks, facing a revenue decline and other headwinds, boosted lending in the second quarter at a pace unseen since the financial crisis, according to a government report. The Federal Deposit Insurance Corp. said banks' loan and ...

Japan Inflation Rate Steady

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

TOKYO--Japanese prices continued to rise briskly in July with the rate of inflation remaining steady, suggesting that the country's economic recovery trend remains intact despite the recent contraction in growth. Government data released Friday showed that the nationwide core consumer ...

Correction to Yellen Still a Multimillionaire Story

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

"Yellen Still a Multimillionaire, Records Show," published at 4:11 p.m. EDT, misstated the value of assets owned by Federal Reserve Chairwoman Janet Yellen and her husband in the first and second paragraphs. The couple owned at least $5.3 million in ...

Singapore July Bank Loans S$597.4 Billion Vs S$597.7 Billion Month Earlier

TODAY: Aug. 29, 2014 PUB DATE: Aug. 29, 2014

SINGAPORE--The Monetary Authority of Singapore Friday released the following provisional bank lending data for July: July Year Earlier June Total S$597.44 Bln S$539.01 Bln S$597.73 Bln Housing/Bridge S$172.59 Bln S$161.24 Bln S$171.81 Bln Professionals & Private Individuals S$8.98 Bln S$6.30 ...

Argentina's Low Foreign Reserves Hit Peso

TODAY: Aug. 29, 2014 PUB DATE: Aug. 28, 2014

By Ken Parks BUENOS AIRES--Argentina's international reserves are starting to dwindle in the wake of the country's second sovereign-debt default in almost 13 years, putting added stress on the peso and an economy believed to be in recession. The default ...

Dollar Lower Against Yen as Investors Lock In Profits

TODAY: Aug. 29, 2014 PUB DATE: Aug. 28, 2014

By Hiroyuki Kachi The dollar was lower in Asia on Thursday, after early stock market weakness prompted investors to sell the greenback to lock in profits. Subsequent trading was largely directionless, though, ahead of U.S. economic data out later in ...

CURRENCIES: Dollar Lower Against Yen As Investors Lock In Profits

TODAY: Aug. 29, 2014 PUB DATE: Aug. 28, 2014

By Hiroyuki Kachi The dollar was lower in Asia on Thursday, after early stock market weakness prompted investors to sell the greenback to lock in profits. Subsequent trading was largely directionless, though, ahead of U.S. economic data out later in ...

Philippines Economy Soars in Second Quarter -- Update

TODAY: Aug. 29, 2014 PUB DATE: Aug. 28, 2014

By Cris Larano MANILA--The Philippine economy grew 6.4% on year in the second quarter, making it one of Asia's fastest-growing countries and deepening expectations for further rate increases. While China and other Asian economies are looking at easing monetary policy ...

Ukraine Tensions Spur U.S. Stock Futures Downward

TODAY: Aug. 29, 2014 PUB DATE: Aug. 28, 2014

By Chris Dieterich U.S. stock futures ticked lower on Thursday as investors weighed renewed tension on the Russia-Ukraine border against upbeat economic reports. Futures on the Dow Jones Industrial Average fell 46 points, or 0.3%, to 17047 less than 60 ...

U.K. Retailers Report Strong Sales for August-CBI

TODAY: Aug. 29, 2014 PUB DATE: Aug. 28, 2014

By Jon Sindreu LONDON--Retailers in the U.K. saw sales for August grow strongly and expect them to accelerate next month, the Confederation of British Industry said Thursday, after official figures for July failed to meet expectations. In the latest quarterly ...

Brazil's IGP-M General Price Index Down 0.27% in August

TODAY: Aug. 29, 2014 PUB DATE: Aug. 28, 2014

By Rogerio Jelmayer SAO PAULO--Brazil's IGP-M general price index fell for the fourth consecutive month in August, reinforcing the central bank's view that inflation is likely to decelerate in the coming months. The IGP-M declined 0.27% in August, compared with ...

Italy Manufacturing Business Confidence Hits Low

TODAY: Aug. 29, 2014 PUB DATE: Aug. 28, 2014

ROME--Italian manufacturing business confidence fell to its lowest level in a year in August, pulled down by a worsening outlook for orders, weaker view for future production and drop in confidence sentiment, national statistics institute Istat said Thursday. The country ...

U.S. Stocks Slip on Ukraine Concerns

TODAY: Aug. 29, 2014 PUB DATE: Aug. 28, 2014

By Chris Dieterich U.S. stocks fell on Thursday as renewed tension on the Russia-Ukraine border cast a shadow over upbeat economic reports. The Dow Jones Industrial Average fell 72 points, or 0.4%, to 17050 in midmorning trading, on pace for ...